Wind turbine manufacturers ranked by revenue 2020

Revenue of selected wind turbine manufacturers worldwide in 2020*

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Sources

Release date

October 2021

Region

Worldwide

Survey time period

2020

Supplementary notes

* Figures are for the financial year 2020, unless otherwise stated. The values have been rounded. The list may not be complete.
Other currencies were converted to U.S. dollars based on the December 31, 2020 exchange rate, where:
1 EUR = 1.2295 USD 1 CNY = 0.1532 USD 1 INR = 0.0137 USD

China Shenhua Energy Company: This figure is taken from the company’s annual report (page 10). The merger of Guodian and Shenhua was approved in August 2017.

Vestas: This figure is taken from the company’s annual report (page 27).

GE Renewable Energy: The figure is taken from the company’s annual report (page 6). Figures corresponds to the Renewable Energy segment, which includes onshore wind, offshore wind, grid solutions, hydro solutions, and hybrids solutions.

Siemens Gamesa: This figure is taken from the company’s report (page 9).

Goldwind: This figure is taken from a company’s press release.

Nordex: This figure represents sales and is taken from the company’s annual report (page 2).

**Enercon: Figures are for 2019. This figure is taken from a press release.

United Power: The figure is taken from the company’s annual report (pdf page 25).

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